FIRST BANCORP /NC/ FBNC

Latest FY: 2025 Financial Services Banks - Regional
Market Price $64.33
Market Cap $2.66B
P/E Ratio 24.00
Quick Peer Compare (Financial Services):
Revenue (FY 2025) ↑11.5% YoY
$390.31M
3-Yr CAGR: -0.2%
Net Income ↑45.7% YoY
$111.05M
Net Margin: 28.5%
Free Cash Flow ↑15.5% YoY
$198.89M
FCF Yield: 7.47%
EPS (Diluted) ↑45.7% YoY
$2.68
Basic: $2.68
Return on Equity Efficiency
6.7%
ROA: 0.9%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (FBNC)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $148.9M $141.3M $27.5M $1.33 $0.32 1.18% $26.2M $17.5M
FY 2017 $213.9M +43.7% $201.3M $46.0M +67.1% $1.82 +36.8% $0.32 0.91% $26.8M $22.2M +26.6%
FY 2018 $266.4M +24.5% $242.6M $89.3M +94.2% $3.01 +65.4% $0.40 1.22% $46.4M $35.7M +60.9%
FY 2019 $275.7M +3.5% $241.8M $92.0M +3.1% $3.10 +3.0% $0.54 1.35% $51.2M $47.7M +33.7%
FY 2020 $299.5M +8.6% $279.9M $81.5M -11.5% $2.81 -9.4% $0.72 2.13% $57.1M $44.7M -6.3%
FY 2021 $320.0M +6.9% $310.5M $95.6M +17.4% $3.19 +13.5% $0.80 1.75% $138.9M $129.5M +189.6%
FY 2022 $392.8M +22.8% $376.7M $146.9M +53.6% $4.12 +29.2% $0.88 2.05% $230.7M $225.4M +74.0%
FY 2023 $404.1M +2.9% $262.0M $104.1M -29.1% $2.53 -38.6% $0.88 2.38% $131.4M $127.0M -43.7%
FY 2024 $350.2M -13.4% $163.2M $76.2M -26.8% $1.84 -27.3% $0.88 2.00% $174.8M $172.1M +35.6%
FY 2025 $390.3M +11.5% $231.3M $111.0M +45.7% $2.68 +45.7% $0.91 1.79% $203.1M $198.9M +15.5%
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Valuation

Market Price $64.33
Market Cap $2.66B
Enterprise Value $2.27B
P/E Ratio 24.00
P/B Ratio 1.61
FCF Yield 7.47%
Dividend Yield 1.41%
Shares Outstanding 41,375,400
%

Profitability & Margins

Gross Margin 59.27%
Operating Margin 35.74%
Net Margin 28.45%
Return on Equity (ROE) 6.71%
Return on Assets (ROA) 0.88%
Asset Turnover 0.03x
Revenue 3-Yr CAGR -0.21%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.045
Debt / Assets 0.006
Cash & Equivalents $462.90M
Total Debt $74.57M
Book Value / Share $39.98
💧

Cash Flow Efficiency

Operating Cash Flow $203.13M
Capital Expenditures (CapEx) $4.25M
Free Cash Flow $198.89M
OCF / Revenue 52.04%
FCF / Revenue 50.96%
FCF 3-Yr CAGR -4.08%
🏷️

Per Share Metrics

EPS (Diluted) $2.68
EPS (Basic) $2.68
Dividends / Share $0.91
Book Value / Share $39.98
EPS YoY Growth 45.65%
🏛️

Balance Sheet (FY 2025)

Total Assets $12.67B
Total Liabilities $11.01B
Stockholders' Equity $1.65B
Current Assets N/A
Current Liabilities N/A